US, China to Discuss Tariff Cuts Ahead of Trump-Xi Summit
Treasury Secretary Bessent will meet Chinese Vice Premier He Lifeng this weekend to discuss lowering tariffs, ahead of the Trump-Xi summit on September 24 in Washington. This signals a potential de-escalation in trade tensions, though details and outcomes remain uncertain.
Score Breakdown
Intelligence Tags
Locations
Entities
Part of 2 situations
US-China High-Level Meetings Ahead of Xi-Trump Summit on Trade, Geopolitics
High-level US and Chinese officials are conducting preparatory meetings in Washington ahead of a confirmed September 24 summit between Presidents Xi Jinping and Donald Trump. These discussions, involving US Treasury Secretary Bessent and Chinese Vice Premier He Lifeng, are confirmed to address trade tariffs and Iran, with other topics like technology and Taiwan claimed. Outcomes regarding de-escalation of trade tensions or specific agreements remain uncertain.